[PIO] Six-year nominal government bonds for individuals

Increase in interest rates from the 3rd series of the 2023 issue

The Bureau of Public Debt Management announces the increase in the interest rates of six-year nominal government bonds for individuals (hereinafter "bonds"), effective on the 3rd series (October) of 2023, for which applications will be received in the month of September 2023.

In particular, bonds issued on 2 October 2023 (application period from 1/9/2023 to 20/9/2023) will yield increased interest rates, as shown in the table below:

Bond holding period

[TD]

Annual nominal interest rate corresponding to each individual holding period of the bond

(effective 2 October 2023)

[/TD] [/TD]

[TR] [TD]

For the first 24 months

[/TD] [TD]

1,00%

[/TD] [/TR] [TR] [TD]

Beyond 24 months and up to 48 months

[/TD] [/TD] [TD]

1,25%

[/TD] [/TR] [TR] [TD]

Beyond 48 months and up to 60 months

[/TD] [TD]

1.50%

[/TD] [/TR] [TR] [TD]

Beyond 60 months and up to 72 months

[/TD] [TD]

1,75%

[/TD] [/TR] [/TR]

The weighted average annual interest rate, if the bond is held until maturity (6 years), is 1.292%.

For further information, interested parties may contact. Contact: 22712300

(AF/SX)
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